77067
Houston, Texas

The 77067 market is experiencing a notable correction, with the median sale price declining 4.2% year-over-year to $207,000 as of February 2026. Properties are averaging 43 days on market, indicating a measured pace that favors neither buyers nor sellers decisively. Only 8% of homes are selling above list price, a clear signal that competitive bidding pressure has evaporated and sellers hold limited pricing power in current negotiations.

This environment favors patient buyers with financing already secured. The 4.2% price decline and minimal above-list activity create room for offer negotiations below asking price, particularly on properties exceeding the 43-day market average. Cash investors seeking rental yields may find the $207,000 entry point workable, though the PropIQ score of 65 suggests careful due diligence on property-specific fundamentals. Sellers face headwinds and should price at or slightly below comparable sales to avoid extended marketing periods.

The PropIQ score of 65 signals caution rather than crisis, indicating underlying market weakness without systemic collapse. The negative price trajectory and soft demand metrics suggest continued sideways-to-down movement in the near term unless days-on-market contracts significantly. Buyers should monitor whether DOM extends beyond 50 days, which would indicate further price concessions ahead, while sellers must recognize that the 8% above-list figure confirms this remains a negotiation-driven market.